Last week I met with a local financial adviser. I informed him that I'm a real estate investor, so he suggested Infinite Banking as possible financing option. The infinite banking sounds similar to using $401k or IR...
Hello, we were suppose to close today at 3pm and at 2:45pm we get a email from the mortgage broker saying that since this is a flip transaction and I have not owned the house for over 12 months they want to do a secon...
Newbies to Real Estate Investing Education and Newbies to REI Success are not the same. There's a sophomore (which is an educated idiot) level if may. I understand many concepts and for a few years tried to hold on to...
Hello Everyone. I just had my water and plumbing inspected in my 3 story town home rental, and I wanted to run the findings by he community to see what everyone's comments are. The water heater is located in the att...
Hi guys,I'm really interested in wholesaling properties in Utah (SLC and Utah counties). I am new to most of this and am trying to understand the process better. According to my understanding of wholesaling in UT: Whe...
Hello biggerpockets :), heard back from two of my brokers and pretty much the only options I have to get into a rental is going the private route. So I just started thinking and thought about freeing up some cash whic...
My rentals are in NY state. I recently had a tenant move out after 18 months. The place was left in fair condition. I still spent several hours putting in light bulbs, batteries in the smoke alarms and CO detect...
I moved to Sacramento California last year to build co-living spaces and test the concept in this market. I tried it out by renting a house I found and subleasing the rooms out. It was registered as a 5b/3b house for ...
The heart of this question is the tolerance with different investor strategies regarding positive cash flow vs. appreciation potential.
This scenario is probably more common in California due to the difficult...
Hello everyone! I have found a property, well it kinda found me. I think this was all meant to be. An, although I am scared *hitless to jump in, I would be so dumb to not even try! So, here I am trying to figure out t...